Global Anticorrosive Pigment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Anticorrosive Pigment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Anticorrosive pigment plays a major role in the anti-corrosion of metals in anti-corrosion coatings. Different pigments have different anti-corrosion properties and are used in coatings to isolate the corrosive environment from the metal surface to prevent the corrosion of substrates.

Market Overview:

The latest research study on the global Anticorrosive Pigment market finds that the global Anticorrosive Pigment market reached a value of USD 766.37 million in 2022. It’s expected that the market will achieve USD 1034.76 million by 2028, exhibiting a CAGR of 5.13% during the forecast period.

Demand for non-toxic and high-efficiency anticorrosive pigments is increasing

With the strict regulations of environmental protection and industrial hygiene, all kinds of pigments that endanger human health and seriously pollute the environment have gradually been replaced by non-polluting, low-toxic and non-toxic pigments. All over the world, non-polluting, low-toxic and non-toxic anticorrosive pigments have been continuously developed, and more and more in-depth research has been made on the anticorrosive mechanism of pigments. Nowadays, it is a major trend of development to develop low-toxic, non-toxic and pollution-free long-acting anticorrosive pigments.

Metal corrosion is a serious problem

The reason why metal corrosion has brought huge losses to the national economy is that it involves various fields of petroleum, chemical industry, food, light industry, construction, metallurgy, mining, transportation, electromechanical and other industries, so effective protective measures must be taken to protect metal materials. There are many measures to protect metal materials, and coating anticorrosion is the most effective and widely used method, which has some incomparable advantages such as excellent performance, convenient manufacture and low price. Good performance of anticorrosive pigment drives the market.

The regulations regarding the VOC emissions

With the development of environmental protection, VOC regulations are becoming more and more strict. US EPA has established National Volatile Organic Compound Emission Standards for Consumer Products mandating the VOC limits for a wide range of consumer products. Strict VOC regulations have affected the overall market growth of lead and chromium based anticorrosive pigments in developed and developing countries.

Region Overview:

In 2021, the share of the Anticorrosive Pigment market in North America stood at 35.52%.

Company Overview

Heubach, Ferro, PPG Silica Products were the top 3 players in the Anticorrosive Pigment market in 2022, taking up a market share of 29.59% together.Heubach GmbH produces organic and inorganic color pigments. The Company color pigments are used in products including powder and decorative coatings, packaging and laminated inks, engineering plastics and polystyrenics, paper and latex gloves and balloons.Ferro Corp is a chemical manufacturing company. It develops and supplies functional coatings and color solutions based on technologies including particle engineering, color and glass science, surface chemistry and surface application technology, and formulation.

Segmentation Overview:

By type, Non Zinc based segment accounted for the largest share of market in 2021.

Application Overview:

The Marine segment by application is expected to continue its dominance over the forecast period from 2022 to 2027, taking up a market share of 32.33% in 2027.

Key Companies in the global Anticorrosive Pigment market covered in Chapter 3:

FerroHaloxHenan Yingchuan New MaterialFuji Silysia ChemicalAkdeniz ChemsonNoelson ChemicalsW.R. GraceTayca CorporationJunma TechnologyMeghna ColoursPPG Silica ProductsHeubachSNCZ

In Chapter 4 and Chapter 14.2, on the basis of types, the Anticorrosive Pigment market from 2018 to 2029 is primarily split into:

Zinc basedNon Zinc based

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Anticorrosive Pigment market from 2018 to 2029 covers:

MarineIndustrialArchitectureOthers

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)Latin America (Brazil, Mexico, Argentina)Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)